Crypto News: Meta’s new misinformation effort

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Tech Across the Globe

Pokémon on the move: Scopely, backed by the Saudi sovereign wealth fund, has agreed to buy Niantic's gaming business, including the mobile hit Pokémon Go, for $3.5 billion. Bloomberg reported on the discussions between the two parties last month.

AI with EQ: Alibaba released a new artificial intelligence model that it says can read emotional cues. In two demo videos, Alibaba's Tongyi Lab showed the AI inferring the emotional state of a person while also offering descriptions of their clothes and environment.

French IP: Publishers and authors in France are suing Meta for copyright infringement, accusing the tech giant of using their books to train its generative AI model without authorization.

Revalued

Shares of Tesla Inc., Elon Musk's public company, have been in freefall for the last few months. But it's a different story with his private ventures. Secondary market investors have boosted the collective valuation of four of Musk's private firms by 45% since the US election, according to a new analysis from trading platform Caplight, exclusively shared with Bloomberg.

Must read

In today's Tech In Depth, Kurt Wagner reports on Meta's new effort to fight misinformation — by handing it off to users with a Community Notes program based on a similar effort run with limited success by Twitter, now X. For more of Bloomberg's coverage of the tech industry, subscribe here.

This week in Cyber Bulletin

Musk's X was disrupted with the kind of cyberattack that is now usually blocked with easily available technology, Jordan Robertson reports in this week's Cyber Bulletin. Still, he writes, the effort against X shows how hackers are changing their tactics. For more Bloomberg coverage of the cyber industry, subscribe here.

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